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MIND TECHNOLOGY, INC

MIND
United States Fiscal year ends January CIK 0000926423
$4.50 -2.39% Close, 9 Oct 2026
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Price $4.50 +147.25% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating income
Fiscal year 2017Revenue41.0Operating income−31.3Fiscal year 2018Revenue0.0 −100.0%Operating income−19.7Fiscal year 2019Revenue25.8Operating income−13.0Fiscal year 2020Revenue29.9 +16.1%Operating income−6.3Fiscal year 2021Revenue21.2 −29.1%Fiscal year 2022Revenue23.1 +8.9%Fiscal year 2023Revenue25.0 +8.2%Fiscal year 2024Revenue36.5 +46.0%Fiscal year 2025Revenue46.9 +28.4%Fiscal year 2026Revenue40.9 −12.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 41.0 0.0 25.8 29.9 21.2 23.1 25.0 36.5 46.9 40.9
Growth −100.0% +16.1% −29.1% +8.9% +8.2% +46.0% +28.4% −12.6%
Operating income −31.3 −19.7 −13.0 −6.3 n/a n/a n/a n/a n/a n/a

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating margin
Fiscal year 2017Gross margin−18.1%Operating margin−76.3%Fiscal year 2018Fiscal year 2019Gross margin45.6%Operating margin−50.5%Fiscal year 2020Gross margin43.3%Operating margin−21.0%Fiscal year 2021Gross margin34.5%Fiscal year 2022Gross margin26.1%Fiscal year 2023Gross margin39.8%Fiscal year 2024Gross margin43.7%Fiscal year 2025Gross margin44.7%Fiscal year 2026Gross margin45.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin −18.1% n/a 45.6% 43.3% 34.5% 26.1% 39.8% 43.7% 44.7% 45.6%
Operating margin −76.3% n/a −50.5% −21.0% n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending January, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2010 31 Jan 2010 FY2011 31 Jan 2011 FY2012 31 Jan 2012 FY2013 31 Jan 2013 FY2014 31 Jan 2014 FY2015 31 Jan 2015 FY2016 31 Jan 2016 FY2017 31 Jan 2017 FY2018 31 Jan 2018 FY2019 31 Jan 2019 FY2020 31 Jan 2020 FY2021 31 Jan 2021 FY2022 31 Jan 2022 FY2023 31 Jan 2023 FY2024 31 Jan 2024 FY2025 31 Jan 2025 FY2026 31 Jan 2026
Revenue and profit
55.2 71.4 112.8 104.7 92.1 83.1 51.8 41.0 0.0 25.8 29.9 21.2 23.1 25.0 36.5 46.9 40.9
Growth +29.3% +58.1% −7.2% −12.0% −9.7% −37.7% −20.9% −100.0% +16.1% −29.1% +8.9% +8.2% +46.0% +28.4% −12.6%
37.0 44.7 55.1 67.3 60.1 59.9 49.2 48.4 42.2 31.2 26.1 n/a n/a n/a n/a n/a n/a
18.1 26.6 57.8 37.4 32.0 23.3 2.7 −7.4 6.1 11.7 13.0 7.3 6.0 10.0 16.0 21.0 18.7
Growth +47.0% +116.8% −35.2% −14.4% −27.4% −88.5% −377.8% +93.0% +10.3% −43.6% −17.6% +65.2% +60.5% +31.3% −11.0%
n/a n/a n/a n/a n/a n/a 0.9 1.0 1.5 1.2 1.9 3.0 3.6 1.4 2.1 1.9 1.6
15.0 16.8 21.4 22.5 23.7 25.0 18.0 19.8 19.7 20.9 14.1 12.6 14.8 12.9 12.1 11.3 13.3
0.9 6.9 34.5 13.9 5.8 −6.7 −26.8 −31.3 −19.7 −13.0 −6.3 n/a n/a n/a n/a n/a n/a
Growth +694.6% +399.1% −59.8% −58.2% −216.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 14.1% a year over five years.
  • Gross margin is up 11.1 points on five years ago, at 45.6%.